About StoneGroup
StoneGroup is a company based in Stafford (United Kingdom) founded in 1991 was acquired by Converge in September 2022.. StoneGroup offers products and services including Desktops, Laptops, Servers, Printers, and Networking Equipment. StoneGroup operates in a competitive market with competitors including Hewlett Packard Enterprise, Lenovo, OVHcloud, Dell and Super Micro, among others.
- Headquarter Stafford, United Kingdom
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Stone Technologies Limited
- Date of Incorporation 29 Oct, 1991
- Jurisdiction STAFFORD, STAFFORDSHIRE
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Products & Services of StoneGroup
StoneGroup offers a comprehensive portfolio of products and services, including Desktops, Laptops, Servers, Printers, and Networking Equipment. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Desktop systems for office and workstation use
Portable devices for mobile computing needs
Systems for data storage and management
Devices for document printing and scanning
Tools for connectivity and data transfer
Funding Insights of StoneGroup
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $22.7M
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First Round
First Round
(25 May 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2017 | Amount | Debt – Conventional - StoneGroup | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in StoneGroup
StoneGroup has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include PNC, Converge TP and Souter Investments. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Souter Investments is engaged in private equity investments.
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Founded Year | Domain | Location | |
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Commercial banking and financing services are provided by PNC.
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Founded Year | Domain | Location | |
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Software development services are provided for businesses and IT infrastructure.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by StoneGroup
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - StoneGroup
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Stonegroup Comparisons
Competitors of StoneGroup
StoneGroup operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hewlett Packard Enterprise, Lenovo, OVHcloud, Dell and Super Micro, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
HPC solutions are delivered via supercomputers and storage systems.
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| domain | founded_year | HQ Location |
Diversified servers and hardware products are offered by Lenovo.
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| domain | founded_year | HQ Location |
Public cloud solutions and storage services are provided for applications.
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| domain | founded_year | HQ Location |
Dell is recognized for providing computers and technology solutions.
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| domain | founded_year | HQ Location |
Enterprise servers are designed, developed, and manufactured by Super Micro.
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| domain | founded_year | HQ Location |
High-performance computing solutions are delivered via Linux software and servers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Stonegroup
Frequently Asked Questions about StoneGroup
When was StoneGroup founded?
StoneGroup was founded in 1991 and raised its 1st funding round 26 years after it was founded.
Where is StoneGroup located?
StoneGroup is headquartered in Stafford, United Kingdom. It is registered at Stafford, Staffordshire, United Kingdom.
Who is the current CEO of StoneGroup?
Simon Harbridge is the current CEO of StoneGroup.
What does StoneGroup do?
StoneGroup was founded in 1991 and is based in Stafford, United Kingdom. Servers such as rack, pedestal, tower, and hyper-converged platforms are produced by the company within the IT hardware sector. Design, deployment, support, and configuration services are also provided to support operations. Focus is maintained on server manufacturing and related infrastructure solutions for various applications.
Who are the top competitors of StoneGroup?
StoneGroup's top competitors include Dell, Hewlett Packard Enterprise and Lenovo.
What products or services does StoneGroup offer?
StoneGroup offers Desktops, Laptops, Servers, Printers, and Networking Equipment.
Who are StoneGroup's investors?
StoneGroup has 3 investors. Key investors include PNC, Converge TP, and Souter Investments.